By Turner of Harris H.B. No. 2686 74R7928 T A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to administration of and adoption of rules by retirement 1-3 systems for police officers in certain municipalities. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Chapter 76, Acts of the 50th Legislature, 1947 1-6 (Article 6243g-1, Vernon's Texas Civil Statutes), is amended by 1-7 adding Section 4(k) to read as follows: 1-8 Sec. 4. (k) The Pension Board shall, to the extent 1-9 applicable, administer the Pension System consistent with the 1-10 applicable sections of the Internal Revenue Code of 1986, as 1-11 amended. 1-12 SECTION 2. Chapter 76, Acts of the 50th Legislature, 1947 1-13 (Article 6243g-1, Vernon's Texas Civil Statutes), is amended by 1-14 adding Section 4(l) to read as follows: 1-15 Sec. 4. (l) The Pension Board is hereby vested with the 1-16 power to adopt for the administration of the Pension System written 1-17 rules and guidelines consistent with this Article, including, but 1-18 not limited to, adoption of written provisions incorporating 1-19 applicable Internal Revenue Code Regulations and Rulings thereunder 1-20 applicable to Governmental Plans. 1-21 SECTION 3. The importance of this legislation and the 1-22 crowded condition of the calendars in both houses create an 1-23 emergency and an imperative public necessity that the 1-24 constitutional rule requiring bills to be read on three several 2-1 days in each house be suspended, and this rule is hereby suspended.